Opinion/Reserves
Managing reserves amid climate change and home-shoring
Central banks can still make asset allocations with solid climate outcomes, despite the slippage in net-zero timetable, writes Gary Smith
The rise of non-SDR currency reserves
New Cofer data release may show an overall fall in FX reserves, writes Gary Smith
The canary in the goldmine
Gold accumulation may herald broader concerns about dollar holdings, writes Jennifer Johnson-Calari
Fractures in the monetary system
Seizure of Bank of Russia assets likely to have long-term implications for international system
Rethinking sovereign risk
‘Risk-free’ assets now include the possibility of complete confiscation with no recourse
The IMF’s $650bn SDR allocation and a future ‘digital SDR’
Focus is needed on widening SDR use in payments, to support a large allocation of ‘official’ IMF SDRs
Central banks must mobilise their FX reserves
The pandemic and climate crises call for bold action, write Gary Smith and John Nugée
Public policy lines blur: implications for reserve managers
Crisis-fighting has pushed central banks into new forms of risk-taking, which is impacting reserve managers
An end to the loveless marriage with the US dollar?
Covid-19 represents an unexpected shock that could cause further US dollar decoupling
Yngve Slyngstad: contrarian person, brilliant investor
Knut Kjær reflects on the character of the man that has led Norway’s $1.1 trillion SWF
An inside story on the central bank gold agreement
Robert Pringle reveals details of Mbeki’s appeal to central bankers
PBoC is navigating into uncharted waters on RMB
Renminbi depreciation will cause problems at home and abroad
Reserve management practices are splintering
Traditional approaches to reserves management are breaking down, writes Jennifer Johnson-Calari
Central banks need a consistent approach to accounting for monetary gold
Kenneth Sullivan highlights the challenges for central banks in consistently accounting for monetary gold
Former governor: Life lessons from Taiwan
Perng Fai-nan shares key insights upon accepting Central Banking’s Lifetime achievement award
The folly of foreign exchange intervention
The G-7’s bid to stem the yen’s appreciation threatens to damage Japan’s economy, Geoffrey Wood believes
China's growth and the yuan's status are not inextricably linked
China’s growing economic might has led to claims that the yuan will take its place among the reserve currencies. But, as Gary Smith argues, the link between GDP and reserve status is far from causal